Monthly Rent Report
Sunset Park Rent Report — June 2024
Asking rents in ZIP 11220, New York City, from 145 listings.
Median 1BR rent in Sunset Park was $2,580 in June 2024, up 29.0% (+$580) from May 2024 and up 47.4% year-over-year. The middle half of 1BR listings asked between $2,544 and $2,615. That puts Sunset Park $130 above the New York City citywide 1BR median of $2,450. The month's figures are based on 145 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,025 | −$375 (-15.6%) | — | $2,025 – $2,025 | 1 |
| Studio | $2,025 | −$375 (-15.6%) | — | $2,025 – $2,025 | 1 |
| 1BR | $2,580 | +$580 (+29.0%) | +$830 (+47.4%) | $2,544 – $2,615 | 2 |
| 1BR | $2,100 | +$100 (+5.0%) | +$350 (+20.0%) | $1,889 – $2,236 | 22 |
| 2BR | $2,600 | −$1,250 (-32.5%) | +$150 (+6.1%) | $2,400 – $3,050 | 57 |
| 2BR | $3,300 | −$550 (-14.3%) | +$850 (+34.7%) | $2,875 – $3,650 | 3 |
| 3BR | $2,890 | +$45 (+1.6%) | −$341 (-10.6%) | $2,800 – $3,200 | 27 |
| 3BR | $2,890 | +$45 (+1.6%) | −$341 (-10.6%) | $2,800 – $3,200 | 25 |
| 4BR | $3,250 | −$250 (-7.1%) | −$700 (-17.7%) | $3,125 – $3,375 | 2 |
| 4BR | $3,000 | −$500 (-14.3%) | −$950 (-24.1%) | $3,000 – $3,250 | 3 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Sunset Park vs. New York City — June 2024
| Bedrooms | Sunset Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,025 | $2,440 | −$415 (-17.0%) |
| Studio | $2,025 | $2,440 | −$415 (-17.0%) |
| 1BR | $2,580 | $2,450 | +$130 (+5.3%) |
| 1BR | $2,100 | $2,450 | −$350 (-14.3%) |
| 2BR | $2,600 | $2,900 | −$300 (-10.3%) |
| 2BR | $3,300 | $2,900 | +$400 (+13.8%) |
| 3BR | $2,890 | $3,600 | −$710 (-19.7%) |
| 3BR | $2,890 | $3,600 | −$710 (-19.7%) |
| 4BR | $3,250 | $4,256 | −$1,006 (-23.6%) |
| 4BR | $3,000 | $4,256 | −$1,256 (-29.5%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in June 2024.